minor interest

minor interest
Under the Land Registration Act 1925 (LRA 1925) all third party rights in registered land, other than registered charges and overriding interests, took effect in equity as minor interests and would be overridden by a registered disposition made for valuable consideration unless protected by an entry in the register. The LRA 1925 was repealed by the Land Registration Act 2002 (LRA 2002), which came into force on 13 October 2003, and does not use the term "minor interest". An interest affecting an estate or charge is simply defined as "an adverse right affecting the title to the estate or charge" (section 132(3)(b), LRA 2002). Similarly, a third party right protected by a notice under the LRA 2002 is simply referred to as an interest affecting a registered estate or charge that is the subject of a notice in the register.
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Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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